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Paris, France, November 5th, 2025, ChainwireZama, the cryptography company behind the Zama Confidential Blockchain Protocol, today announced that it has acquired KKRT Labs, a pioneering research and development firm focused on scaling blockchains using Zero-Knowledge Proofs. This strategic acquisition strengthens Zama’s technical depth in blockchain scalability and validity (ZK) rollups, while accelerating its ability to deliver high-performance confidentiality to all public blockchains.Unlocking the Next Phase of Scalable Onchain ConfidentialityKKRT Labs (also known as “Kakarot”) brings deep expertise in designing high-performance proving architectures and modular rollup systems for Ethereum-equivalent environments. Backed by investors such as Vitalik Buterin, Starkware, Lambda Class, and…

In brief Zcash is being portrayed as “encrypted Bitcoin,” according to Will Owens. The privacy-focused crypto shares some design elements with Bitcoin. The U.S. government has cracked down on Bitcoin privacy tools. As barriers between crypto and traditional finance blend, Zcash is gaining recognition as an alternative to Bitcoin, according to Will Owens, a research analyst at Galaxy Digital.Although the privacy-focused crypto is much smaller than its $2 trillion counterpart, Zcash borrows foundational elements from Bitcoin’s codebase, and it’s serving as a spiritual successor in some ways, Owens wrote in a Tuesday report.Zcash allows users to “shield” transactions with zero-knowledge…

Ethereum and Bitcoin extended their sharp declines on November 4, triggering over $1.1 billion in crypto liquidations within 24 hours as traders rushed to the exits amid mounting market stress.The drawdown has plunged the Ethereum price to a milestone last seen a months ago.Sponsored SponsoredEthereum Turns Negative for 2025 as Crypto Liquidations Exceed $1.1 BillionEthereum broke below the critical $3,400 mark, officially turning negative year-to-date (YTD) after starting 2025 near $3,353. The move marked a 7% daily plunge, its steepest drop in months.Ethereum (ETH) Price Performance. Source: TradingViewThe decline has effectively erased all of ETH’s year-to-date gains, signaling a shift…

RLUSD$1.0004, the U.S. dollar stablecoin from the blockchain payments firm closely related to the XRP Ledger network, has surpassed $1 billion in market capitalization less than a year after launching in December 2024.The milestone makes RLUSD the 10th largest U.S. dollar-backed stablecoin by market cap, according to data from CoinGecko. Issued by Standard Custody & Trust Company, Ripple’s New York state-regulated subsidiary, the token is backed by dollar reserves and short-term U.S. Treasuries, and is designed to be integrated into Ripple’s broader payments and liquidity infrastructure.While RLUSD’s market cap remains small compared to the sector’s two dominant players — Tether’s…

The Trump administration has defended its controversial decision to pardon Binance founder Changpeng Zhao (CZ).It comes only days after Trump claimed not to know the Binance executive, despite erasing all his anti-money laundering convictions.Sponsored SponsoredWhite House Says CZ Pardon Marks a New Era for US Crypto PolicyWhite House Press Secretary Karoline Leavitt told reporters on Tuesday that the CZ pardon reflects President Trump’s “commitment to financial freedom, innovation, and fair treatment for US entrepreneurs and global partners in the crypto economy.Speaking to members of the media, she accused the previous administration of waging a “regulatory crusade” that drove blockchain talent…

In brief A panel of federal appeals judges appeared doubtful Tuesday that Sam Bankman-Fried’s conviction should be overturned. The judges pressed his Bankman-Fried’s attorney, Alexandra Shapiro, on claims that the FTX founder was barred from fully explaining legal advice he received, and that jurors were misled about FTX customers’ losses, during his trial. The panel, which emphasized that later repayment of victims is not a valid defense for financial crimes, will issue a final ruling at a later date. A panel of federal appeals judges appeared highly skeptical Tuesday of an attempt by Sam Bankman-Fried’s attorneys to see the onetime…

NEW YORK — The XRP Ledger’s ability to support both value transfer and real-world payments from a single platform could give it a structural advantage in the growing crypto ETF market, according to derivatives exchange Bitnomial founder and CEO Luke Hoersten.“What I think is unique about XRP and RLUSD is you have a single ledger that is driving a two-prong strategy, one of wealth storage and transfer in XRP, and the other is in RLUSD, which is payments,” Hoersten said at Ripple’s Swell conference in New York on Tuesday. “Having that both on a single ledger with a single strategy,…

Bitcoin price descended to levels below $100,000 on the Coinbase exchange, during the afternoon hours of the US session on Tuesday. It followed Ethereum’s move to turn negative for 2025, amidst the altcoin’s steepest daily drop in months. Bitcoin Brief Breaks Below $100,000While the US was busy with the New York mayoral elections on Tuesday, the Bitcoin price briefly slipped below the $100,000 mark on the Coinbase exchange. Sponsored SponsoredIt lasted only for a moment before a quick pullback, with BTC trading for $100,977 as of this writing. As of this writing, the intra-day low for the pioneer crypto was…

Los Angeles, USA, November 4th, 2025, ChainwireMevolaxy, a US-based mevstake platform, has released an intuitive mobile app to provide an easy solution for users who prefer managing their assets on the go. Additionally, the company announced that the latest investor payouts have set another record after the one set in June. These two developments highlight Mevolaxy’s commitment to providing maximum user convenience as part of its community-centric approach.Mevolaxy specializes in developing MEV bots and subsequently using them within the Mevstake system. Mevstake is the platform’s proprietary technology that locks in the user’s staking terms for the whole duration of their…

Victoria, Seychelles, November 4, 2025 – MEXC, a leading global cryptocurrency exchange, announced the successful conclusion of its USDf Unbound Campaign, which ran from October 3 to November 2, 2025. The month-long initiative attracted over 200,000 participants and recorded more than $50 million in daily trading volume for FF, driving a 136% increase in FF and USDf token holders.The campaign, launched in collaboration with Falcon Finance, offered users zero-fee trading across multiple pairs and high-yield staking opportunities with rewards of up to 200% APR. Trading activity remained robust throughout the campaign period, with FF/USDT spot pairs maintaining daily volumes between…